Retail

Retail
Frasers Group Could Purchase Debenhams Department Store Chain
December 07, 2020

In a potential rescue arrangement that could grow its reach on the U.K. high street, Frasers Group said it is in talks to purchase the Debenhams department store company from administrators, The Irish Times reported. Get the Full Story Complete the form to unlock this article and...

Retail
eCommerce Shift Helps Fuel Strong Sales At Pier 1 Imports, Dressbarn
December 07, 2020

Retail Ecommerce Ventures (REV), the incubator that relaunched Pier 1 Imports and Dressbarn in 2020, noted that the migration to eCommerce in addition to trends such as the “quest for comfort at home” fueled formidable sales at the two brands, according to an announcement. Get...

Retail
The Most Wonderful Time Of the Year … For Alexa-Enabled Trees, Pizza Blankets And Doritos...
December 05, 2020

Special deals and promotions from merchants are nothing new to the holiday season. In fact, they’re as much a part of annual year-end celebrations as twinkling lights, wrapped presents and overeating (with promises to get in shape as soon as the new year begins). Get...

Retail
Walgreens Follows Amazon And Walmart Into The Retailer-as-Ad-Agency Trend
December 04, 2020

The hot new thing in “Big Retail” is offering in-house advertising on your website to your vendors – because why get paid only once on a purchase if you can get paid twice? Get the Full Story Complete the form to unlock this article and...

Retail
JPMorgan Forecasts Record Online Holiday Shopping Season
December 04, 2020

J.P. Morgan Chase said that brisk Black Friday and Cyber Monday sales are likely indicators of a record-breaking eCommerce holiday shopping season. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Warner Bros. Just Broke The Movie Business – Can Theaters Rebuild It?
December 04, 2020

It will likely go down in history as a day that will live in infamy in the movie business. In an unprecedented move, the Warner Bros. movie studio has announced that it will send 17 films — including expected blockbusters like the “The Matrix 4,” “The Suicide Squad”...

Retail
ShipMonk Pulls In $290 Million For eCommerce Growth Effort
December 04, 2020

ShipMonk has pulled in $290 million in a funding round led by Boston-based Summit Partners as part of an expansion effort. Florida’s ShipMonk, started in 2014, offers eCommerce fulfillment services and technology solutions. Get the Full Story Complete the form to unlock this article and...

Retail
Big Lots Q3 Earnings Break Records, Blow Past Forecasts
December 04, 2020

Discount retailer Big Lots reported a third-quarter profit of $29.9 million on $1.38 billion in revenue, surpassing Wall Street’s forecasts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Grocery Round-Up: Digital-First Delivers For Kroger, Another Instacart Pair-Up And Hoarding Round 2
December 03, 2020

The dishes are cleared, the leftovers are largely eaten and the world of grocery shopping is settling down to normal as Thanksgiving week 2020 passes into memory, (or at least whatever passes for normal) as the year is heading into its final few weeks. And...